9700-9708 Venice Blvd
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9700-9708 Venice Blvd
5,150 SF Office Building Culver City, CA 90232 $6,950,000 ($1,350/SF)
INVESTMENT HIGHLIGHTS
- Light and bright 2nd floor space within gated compound
- Formal entry through shared courtyard
- At the crossroads of Venice, Culver, and Washington Boulevard
- Multi-room suite with 3 windowed offices, data, room, file room, and private restroom
- Prime downtown Culver City location, walking distance to restaurant and retail amenities
EXECUTIVE SUMMARY
DO NOT DISTURB TENANTS!
For Sale — Prime Medical Office Building/Surgery Center or Development Site
This ±5,150 sq. ft. property, situated on ±13,010 sq. ft. of land, is perfectly located along vibrant Venice Blvd and just steps away from Southern California Hospital at Culver City, Culver Medical Plaza and Downtown Culver City. This unique property is an ideal investment for owner-users seeking a presence in a thriving medical corridor. It features four fully built-out suites, offering exceptional versatility for various medical practices. The property is also an attractive asset for a savvy investor looking to add value through new tenant leases. There is also the opportunity for a partial Owner-User to supplement their occupancy with income from the other tenants. The property benefits from 20 on-site parking stalls providing easy access to the offices for patients and staff. The property’s flexible design makes it simple to renovate and adapt for a variety of office uses.
For a mixed-use or commercial developer, with a generous frontage along Venice Blvd on over 13,000 sq. ft., the opportunity for redevelopment should not be overlooked. The property is within the City of Los Angeles and benefits from the increased zoning potential of being in L.A ., but with all the benefits of the Downtown Culver City neighborhood, bustling with restaurants, retail, and entertainment options. Spread across 5 individual parcels, the property offers incredible flexibility for redevelopment. With
the potential to construct approximately 54 units (Buyer to verify), this site is primed for significant growth opportunities in a prime location.
For Sale — Prime Medical Office Building/Surgery Center or Development Site
This ±5,150 sq. ft. property, situated on ±13,010 sq. ft. of land, is perfectly located along vibrant Venice Blvd and just steps away from Southern California Hospital at Culver City, Culver Medical Plaza and Downtown Culver City. This unique property is an ideal investment for owner-users seeking a presence in a thriving medical corridor. It features four fully built-out suites, offering exceptional versatility for various medical practices. The property is also an attractive asset for a savvy investor looking to add value through new tenant leases. There is also the opportunity for a partial Owner-User to supplement their occupancy with income from the other tenants. The property benefits from 20 on-site parking stalls providing easy access to the offices for patients and staff. The property’s flexible design makes it simple to renovate and adapt for a variety of office uses.
For a mixed-use or commercial developer, with a generous frontage along Venice Blvd on over 13,000 sq. ft., the opportunity for redevelopment should not be overlooked. The property is within the City of Los Angeles and benefits from the increased zoning potential of being in L.A ., but with all the benefits of the Downtown Culver City neighborhood, bustling with restaurants, retail, and entertainment options. Spread across 5 individual parcels, the property offers incredible flexibility for redevelopment. With
the potential to construct approximately 54 units (Buyer to verify), this site is primed for significant growth opportunities in a prime location.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,150 SF
Building Class
B
Year Built
1953
Price
$6,950,000
Price Per SF
$1,350
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,150 SF
Building FAR
0.39
Lot Size
0.30 AC
Zoning
MU EC - Mixed Use Exposition Corridor
Parking
20 Spaces (3.88 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Controlled Access
- Partitioned Offices
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Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $514,646 (2024) | |
| Land Assessment | $1,089,016 (2024) | Total Assessment | $1,603,662 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,089,016 (2024)
Improvements Assessment
$514,646 (2024)
Total Assessment
$1,603,662 (2024)
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9700-9708 Venice Blvd
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